EU: The EU remains the main and most open market for African food and manufactured products

Please download the Document here below:

eu_africa_trade_2017.pdf

Africa's exports to the European Union (EU) amounted to more than €116 billion in 2016. Europe is by far Africa's largest export market (35% of Africa's exports), followed by Africa itself (18%), China (11%), the USA (8%) and India (7%).

The EU is also the main market for African food and manufactured products. Both categories accounted for 51% of Africa's exports to the EU in 2016 (Food and beverages: 16%, Manufactures: 35%) whereas raw materials accounted for 49%.2 Exports of food and manufactured products to the EU increased constantly since 2013, respectively by +23% and +17%. Africa's exports of raw materials to the EU decreased in recent years, due in particular to decrease in oil prices.

CBFP News

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